5, CADMAN SQUARE, SHENLEY LODGE, MILTON KEYNES, MK5 7DN - £245,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 CADMAN SQUARE is a large detached house of 163m², built sometime between 1983 and 1990. It was last sold for £245,000 in February 2011, which was around 9% below the average February 2011 detached price in the Milton Keynes local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

5 CADMAN SQUARE Sold Prices

Land registry data shows two sales for 5 CADMAN SQUARE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. One of the two 5 CADMAN SQUARE sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 7 FEB	£245,000	£269,185	9% below HPI
2006 27 JAN	£319,000	£250,250	27% above HPI

5 CADMAN SQUARE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The two 5 CADMAN SQUARE sales from January 2006 and February 2011 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2006 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the February 2011 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 5 CADMAN SQUARE?

5 CADMAN SQUARE is 163m² according to the EPC inspection conducted in November 2021. This puts it in the largest 30% of detached houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses by size in Milton Keynes, and where 5 CADMAN SQUARE lies on this distribution: 79% of detached houses are smaller than 5 CADMAN SQUARE, and 20% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

5 CADMAN SQUARE: Plot and Title Map

5 CADMAN SQUARE sits on a plot of roughly 0.148 of an acre, or 599m². The below map shows the location of 5 CADMAN SQUARE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 5 CADMAN SQUARE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 5 CADMAN SQUARE?

5 CADMAN SQUARE is located in SHENLEY LODGE, in the MK5 postcode district. The below map shows the position of No. 5 on CADMAN SQUARE.